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tester [92]
3 years ago
11

Brands that we closely link to our rituals are called ________ brands; once they become imbedded in our rituals we are unlikely

to replace them.
Business
1 answer:
KiRa [710]3 years ago
8 0

Answer:

Fortress

Explanation:

A fortress brand as seen in the statement above can be defined as a brand that is a part of an individual's ritual and are unlikely to be replaced.

This means that the love or affinity fro a certain brand in day to day lives if individuals, makes the brand the go-to brand at any time because it has become a part of the individual's life.

Cheers.

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Reuben would like to buy a car that costs $25,000 today when he graduates from college in 5 years. If the rate of inflation is e
Helga [31]

The future value of the car that costs $25,000 today in 5 years at an inflation rate of 3% per year is <u>$28,981.85.</u>

<h3>What is the future value?</h3>

The future value shows the value that a present value will be in a future period, given the time value of money concept.

The future value can be computed using the future value formula, future value table, or an online finance calculator as below.

<h3>Data and Calculations:</h3>

Price of a car today = $25,000

Period to buy the car = 5 years

Inflation rate per year = 3%

Future value factor of 3% for 5 years = 1.159

Future price of the car in 5 years' time = $28,975 ($25,000 x 1.159)

N (# of periods) = 5 years

I/Y (Interest per year) = 3%

PV (Present Value) = $25,000

PMT (Periodic Payment) = $0

<u>Results:</u>

FV = $28,981.85

Total Interest $3,981.85

Thus, the future value of the car that costs $25,000 today in 5 years at an inflation rate of 3% per year is <u>$28,981.85.</u>

Learn more about future value computations at brainly.com/question/989421

5 0
2 years ago
The Spokes Bikes makes 18 bicycle models in more than 2 million combinations, with each combination designed to fit the needs of
creativ13 [48]
C.) mass customization
7 0
3 years ago
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A newly created design business called Smart Art is just finishing up its first year of operations. During the year, there were
vladimir2022 [97]

Answer:

Bad debts expenses shall be $ 850

Explanation:

The balance in the bad debts expense account shall be the aggregate of the amounts written off and the estimated uncollectible accounts based on ageing at the year end.

Amount written off during the year                                                 $ 650

Estimated uncollectible account provided at year end                 <u>$ 200</u>

Total Bad Debts expenses                                                               $ 850

4 0
3 years ago
Read 2 more answers
With the __________ inventory control system, producers hold only the amount of materials and parts that they need for a short p
Artist 52 [7]

Answer: (C) Just-in-time (JIT)

Explanation:

The just-in-time is one of the type of inventory system that reduced the overall amount of the inventory goods and the services that is owed by the manufacturer in the business.

It is also known as JIT inventory system and the main aim of this type of system is to increase the efficiency of the products and the services in an organization and reducing the wastage in the production process.

According to the question, the just-in-time inventory control system creating the production for the short time period and for the few hours also ans they reduce overall inventory cost in the system.  

 Therefore, Option (C) is correct.  

5 0
3 years ago
The goal in a command economy is economic __________.
tankabanditka [31]
The correct answer is Equality
7 0
3 years ago
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